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Inside View

Increased tax burdens for U.S., Hungarian taxpayers

The Budapest Business Journal asked some of Hungary's foremost experts about the possible economic effects of the termination of the...

Inside View

U.S.-HUN tax deal termination to have significant impact on taxation of individuals

The Budapest Business Journal asked some of Hungary's foremost experts about the possible economic effects of the termination of the...

Inside View

Hungarian firms investing in the U.S. to be more affected by lack of tax deal

The Budapest Business Journal asked some of Hungary's foremost experts about the possible economic effects of the termination of the...

Inside View

Possible effects of the termination of the U.S.-HUN tax deal

The Budapest Business Journal asked some of Hungary's foremost experts about the possible economic effects of the termination of the...

Inside View

Termination of tax deal to have serious consequences for U.S., Hungarian firms

The Budapest Business Journal asked some of Hungary's foremost experts about the possible economic effects of the termination of the...

Appointments

Baker McKenzie’s Budapest office strengthens employment law practice 

Baker McKenzie has promoted Nóra Óváry-Papp to counsel, according to a press release sent to the Budapest Business Journal....

Appointments

Matild Palace names new executive assistant manager

Matild Palace has appointed Ali Can Demirok to the role of executive assistant manager, in charge of sales and marketing...

HR

Public sector workers want 20% salary rise

The representatives of the government, employees, and local governments did not reach any meaningful results at the first post-election meeting...

Appointments

AI is Already Here: People, Businesses Must Learn to use It

In 2022, the question for the C-Suite is no longer whether it should use artificial intelligence to compete successfully but...

HR

Summer Work, Pensioner Jobs, Disappearing Teachers and a Lack of Innovation

The government faces budgetary holes while workplace vacancies continue to rise. Employees, already burdened with inflation, are reluctant to ask...

HR

More than 270,000 Ukrainian refugees found jobs in Poland

More than 270,000 refugees from Ukraine started working in Poland on the basis of new, simplified regulations, the Ministry of...

Appointments

Change of management at Nestlé’s 2 Hungarian factories

Lidia Wrońska takes over the management of Nestlé Hungária’s factories in Diósgyőr (186 km northeast of Budapest by road) and...

Appointments

Baker McKenzie’s Budapest office names Fehérváry managing partner

Ákos Fehérváry took over as the managing partner of global law firm Baker McKenzie's Budapest office on July 1, replacing...

Appointments

AutoWallis’ shareholders elect new supervisory board member

AutoWallis held an extraordinary general meeting on July 1 where shareholders elected Petra Birkás as Supervisory Board member and decided...

Podcasts

MNB and Budapest Institute of Banking executive director Gergely Fábián talks about Hungary’s new interactive and engaging Money Museum

Executive Director at the Hungarian National Bank and of the Budapest Institute of Banking Gergely Fábián discusses Hungary’s brand new...

Appointments

Hera Cuku Named Managing Director of Lilly Hungary

Eli Lilly has appointed Hera Cuku as managing director of Lilly Hungária Kft., bringing international leadership experience and a scientific...

Interview

Rethinking Data Strategies From Storage to Recovery

As Hungarian businesses manage increasingly fragmented data and face more sophisticated cyberthreats, reliable recovery is becoming a board-level priority....

Inside View

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Hungary has launched its most ambitious wind energy initiative in nearly two decades, opening a new chapter in the country’s...

Appointments

Géza Palocsay Named Managing Director of Douglas Central Europe

Géza Palocsay has been appointed managing director of Douglas Central Europe, overseeing the beauty retailer’s operations in Hungary, the Czech...

Inside View

Energy Efficiency Also a Tax Opportunity

Diversifying Hungary’s energy supply has been on the agenda for years. The rapid expansion of solar power is a major...

Inside View

The Price of Medicine: How Discrediting a Competitor Became EUR 1 bln Competition law Risk

EU competition law does not prohibit a company from being a market leader; a dominant position can be a natural...

MSD Hungary Managing Director Sean R. Smith to Take Global Role

Sean R. Smith will conclude his assignment as managing director of MSD Hungary at the end of 2026 and move...

Forvis Mazars Appoints Three New Partners in Hungary

International audit and advisory firm Forvis Mazars has appointed Gabriella Gábor, Zoltán Betyák and Gergely Simon as partners in Hungary,...

Netlock Appoints George Tilesch to Lead AI and Global Strategy

Hungarian digital trust services provider Netlock has appointed Hungarian-American AI expert Dr. George Tilesch to its senior leadership team, effective...

Citi Appoints Zoltán Schwardy as Country Officer and Banking Head for Hungary

Citi has announced the appointment of Zoltán Schwardy as Citi country officer (CCO) and banking head for Hungary, effective Sept....

Hera Cuku Named Managing Director of Lilly Hungary

Eli Lilly has appointed Hera Cuku as managing director of Lilly Hungária Kft., bringing international leadership experience and a scientific...

Rethinking Data Strategies From Storage to Recovery

As Hungarian businesses manage increasingly fragmented data and face more sophisticated cyberthreats, reliable recovery is becoming a board-level priority....

DUIHK Central to the German-Hungarian Bilateral Economic Relationship

Róbert Keszte became president of the German-Hungarian Chamber of Industry and Commerce (DUIHK) in 2025. In this interview with the...

Workload Outweighs Pay as Source of Workplace Distress

Workload, lack of recognition and job insecurity drive workplace distress among Hungarian employees, while pay remains their top priority, according...

CBRE Hungary Expands China Desk as Chinese Clients Pursue European Projects

CBRE Hungary has appointed Tu Yunfeng as business development manager at its China Desk, expanding the Budapest-based team as Chinese...

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Hungary has launched its most ambitious wind energy initiative in nearly two decades, opening a new chapter in the country’s...

Géza Palocsay Named Managing Director of Douglas Central Europe

Géza Palocsay has been appointed managing director of Douglas Central Europe, overseeing the beauty retailer’s operations in Hungary, the Czech...

Energy Efficiency Also a Tax Opportunity

Diversifying Hungary’s energy supply has been on the agenda for years. The rapid expansion of solar power is a major...

Hungary’s Unemployment Rate Reaches 4.7% in August

Hungary’s unemployment rate stood at 4.7% in August, with 229,000 people unemployed and 4.654 mln employed among those aged 15-74,...

Realis Group Plans International Expansion as Krisztián Hornok Joins as Partner

Krisztián Hornok has joined Realis Group as a partner as the company prepares to expand its real estate business beyond...

The Price of Medicine: How Discrediting a Competitor Became EUR 1 bln Competition law Risk

EU competition law does not prohibit a company from being a market leader; a dominant position can be a natural...